10 Views

Question : On selling a car to Anuj, Aman suffered a loss of 10%. Anuj sold the car for Rs.5,54,400 suffering a loss of 12%. What would be the cost price of the car for Aman?

Option 1: Rs. 7,00,000

Option 2: Rs. 8,00,000

Option 3: Rs. 6,50,000

Option 4: Rs. 7,50,000


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Rs. 7,00,000


Solution : Let the cost price of the car for Aman be Rs. $x$.
The selling price for Aman = the cost price for Anuj = $x×\frac{100-10}{100}=\frac{9x}{10}$
Now, the selling price for anuj = $\frac{9x}{10}×\frac{100-12}{100}=\frac{792x}{1000}$
According to the question,
$\frac{792x}{1000}= 554400$
⇒ $x=\frac{554400×1000}{792}$
$\therefore x=700000$
Hence, the correct answer is Rs. 7,00,000.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books